CryptoHopper Review

CryptoHopper is a trading robot that uses trading algorithms to buy and sell on your behalf. When you link a hopper to a cryptocurrency exchange, you can choose from a variety of investment tactics for the bot to use.

Users may simply check their own performance as well as signal reports and subscribe to the external signals using the dashboard on the website.

cryptohopper logo
4.7/5
Easy to configure and set up
Educational tools
Many features
OPEN FREE ACCOUNT *Risk is involved with all trading actions

Furthermore, customers can also track their statistics and trade history, as well as the price changes of about 75 cryptocurrencies. Even though the service is simple to set up and use, it also includes a robust set of trading tools, including:

  • Trailing stop-buy
  • Trailing stop-loss
  • Trailing stop-short
  • Shorting
  • Dollar-cost averaging
  • Configuration pools
  • Backtesting
  • Triggers
  • Auto synchronize
  • Walletscrubber
  • Manual trades
  • Reserve funds

CryptoHopper Review

  • Use autopilot to analyze, buy, and sell
  • Maximize returns, minimize losses, and expand your portfolio
  • Never miss an opportunity and save your time simultaneously

CryptoHopper Pros and Cons

Pros
Contras

Is CryptoHopper a Scam?

Is CryptoHopper legit or a scam? It’s legit! CryptoHopper was founded by two brothers, Pim Feltkamp and Ruud Feltkamp, of which one is an excellent web developer and the other is a successful day trader

The two combined their ideas, abilities, and experiences to develop a bot that trades for the individual automatically, operates 24 hours a day, and trades a range of coins, as well as being compatible with various crypto exchanges via an API.

CryptoHopper BV, situated in Amsterdam, The Netherlands, owns and operates the service, and the cryptohopper.com name was filed in July 2017.

This semi-automated trading bot is housed on the official website, allowing traders to eliminate human emotions and behaviors from the trading process and depend on programmed trading tactics and technical trading algorithms.

Users can also subscribe to external signals, and the controllable trading solution is geared at crypto traders of all experience levels, with over 75,000 users, according to the company.

Bitfinex, Binance, Bittrex, Cryptopia, Coinbase Pro, Kraken, Huobi, Kucoin, and Poloniex are among the nine exchanges supported by CryptoHopper. Furthermore, you can also trade 75 different cryptocurrencies on the platform.

What Is CryptoHopper?

CryptoHopper is a crypto trading robot that is meant to help traders of all experience levels make the most of their trading opportunities, optimize their returns, and minimize the risk of losing money.

While there are presently a number of crypto trading bots available, CryptoHopper wants to empower traders by offering a fully featured and easy-to-use service that allows users to trade numerous cryptocurrencies while eliminating human flaws from the exchange process.

This semi-automated robot does not guarantee profits; rather, it enables users to make better-informed trades using external signals and algorithmically programmed trading strategies.

How CryptoHopper Works

While many trading robots are better suited to more experienced traders, CryptoHopper has a variety of features that are designed specifically for beginners. The Hopper Academy, for example, is open to all users and provides access to a video collection that demonstrates how CryptoHopper works and the best methods to use it.

CryptoHopper has also built an active community, which should be quite beneficial to newcomers to crypto trading. There are active Telegram and Discord groups, as well as a dedicated members-only forum in English, Spanish, French, Portuguese, and Dutch.

As a result, new users can interact with and learn from more knowledgeable traders from all over the world, and they can do so at any time.

The platform is extremely simple to use and does not necessitate any prior programming experience or significant technical skills or knowledge.

Furthermore, CryptoHopper provides for extensive backtesting, so newbies may quickly see if their setups are correct by fiddling with and testing their setup.

Traders can see how much money they would have made in the past and modify their bots to gain a better understanding of how things work while still getting the hang of things.

Your CryptoHopper dashboard gives you access to the marketplace, which is a service that many trading platforms now offer. You may get trading techniques for your bots on the marketplace, some of which are free and others that are paid. This is ideal for beginners since it allows you to “plug and play” a technique developed by more experienced traders and try it on your own account.

If you’re a master at making trading bots, selling and creating your own templates on the marketplace could be a stream of revenue for you.

To get started with CryptoHopper, make sure you follow these steps:

  1. Create your account – Visit the website and fill in all the required details o register. Confirm your account via email. (click the activation link)
  2. Set up your account – Follow the wizard to help you configure your dashboard.
  3. Sign-up for signals on the marketplace – You have the option to sign up for external signals from CryptoHopper’s analysts to look for signals indicating an upward trend.

CryptoHopper Features

A few of the CryptoHopper features include:

CryptoHopper is a web-based solution with an easy-to-use and simple user interface that offers a wide range of functionalities. Users can set up the bot to trade automatically 24 hours a day, seven days a week, using both social and algorithmic trading strategies. Trading strategies can be developed using a variety of technical indicators or by watching the behavior of third-party traders.

The semi-automated trading is done through API interaction with a number of crypto exchanges, and the service may be used on any internet-connected device, including a laptop, desktop, tablet, or smartphone.

Bitfinex, Binance, Bittrex, Cryptopia, Coinbase Pro, Kraken, Huobi, Kucoin, and Poloniex are among the nine exchanges that CryptoHopper is now compatible with. Bitstamp, BitFyler, Cobinhood, CEX.IO, and HitBTC will all be supported soon.

The platform offers a comprehensive set of trading tools, including a bot backtesting tool, savable and customizable templates, adjustable technical indicators, and trailing stops. Indicators such as RSI, Stoch, MACD, and Bollinger Bands can also be used.

A support team is built within the platform to help with any problems that arise. Users can reach out to the team by creating a support ticket in the Support Section, as well as through their Telegram, Twitter, and Facebook accounts. In the Support Section of the site, there are also a variety of FAQs and Tutorials to help people navigate the system. Additionally, the team created the CryptoHopper Academy video library.

Is CryptoHopper Safe?

Yes, CryptoHopper is safe! New members can also explore Reddit postings to communicate with prior users and evaluate the general opinion of the program, as the platform is quite active on social media.

Although the corporation has made its Dutch corporation information public and is registered as CryptoHopper BV, Johan van Hasseltweg 18A 1022 WV, Amsterdam, The Netherlands, there is scant information accessible regarding who is behind the initiative.

Customers are not required to pay money to the bot developer’s account, as is the case with all trading bots, because the bots often work through an API that enables them to conduct trades on linked exchanges. Your API keys, which are obtained on your preferred exchanges and grant the bot limited access to the account for trading purposes, are required.

Moreover, because the bots don’t have withdrawal privileges, malicious hackers wouldn’t be able to immediately access your money in the case of a data breach or hack.

Users can also set up two-factor authentication (2FA) to better secure their accounts, as the CryptoHopper team has created working partnerships with some of the industry’s biggest exchanges.

CryptoHopper Pricing and Fees

There are three major price options available; however, CryptoHopper also offers a seven-day free trial known as the "Pioneer Plan" to new customers.

Users can join the service and start using it right away without having to provide any payment information. The service is automatically disabled at the end of the trial period, and customers can then choose to buy a full subscription.

The Pioneer Plan: A Seven-day Free Trial

  • One simulated trading robot
  • 80 positions
  • Max two triggers
  • Max 15 chosen coins
  • TA with a 10-minute interval

The Adventure: The $49 per Month Trader Plus Package

  • One simulated trading robot
  • 200 positions
  • Max five triggers
  • Max 50 chosen coins
  • TA with a five-minute interval
  • Exchange arbitrage

The Explorer: The $19 per Month Starter Package

  • One simulated trading robot
  • 80 positions
  • Max two triggers
  • Max 15 chosen coins
  • TA with a 10-minute interval

The Hero: The $99 per Month Pro Trader Package

  • One simulated trading robot
  • 500 positions
  • Max 10 triggers
  • Max 75 chosen coins
  • TA with a two-minute interval
  • Market-making
  • Signals for all coins
  • Market arbitrage
Users can join the service and start using it right away without having to provide any payment information. The service is automatically disabled at the end of the trial period, and customers can then choose to buy a full subscription.
CryptoHopper Highlights
🤖 Type of Robot Cryptocurrency (75 types)
💰 Software Cost Free trial, $19, $49, $99 per month/td>
💰 Withdrawal Fee None
📊 Type of platform A web-based mobile and desktop compatible
💳 Deposit Option Bitcoin, PayPal, Ripple, Bitcoin Cash, Zcash, Litecoin, Monero, and Dash
🌎 Countries All

Conclusion

CryptoHopper was created with the goal of providing the general crypto community with a practical solution that allows traders to make more consistent trades. Traders have more options thanks to the combination of technical indicators and third-party trading gurus or signalers, as well as the backtesting and template tools.

While CryptoHopper is basically an algorithmic trading robot, it is simple to set up and use, making it suitable for both experienced and new traders. The team has spent a lot of time and effort designing a platform that is user-friendly for beginners, and new users may also access substantial knowledge and community-led information sections.

The integration of the CryptoHopper Academy videos and the multilingual Hopper forum is incredibly valuable to anyone who is still learning how to trade cryptocurrency or utilize trading algorithms.

CryptoHopper has a lot of benefits, including a long list of features, support for nine major exchanges and 75 different cryptocurrencies, and general user-friendliness. It stands out in an industry full of competing bots and crypto management services.

To be safe, set up 2FA on your account and take advantage of the free trial period, plus make a small initial financial commitment. Connecting the robot to a live account with a modest amount of money might also be a smart idea, as there’s less danger if the bot underachieves or the signals don’t provide the expected outcomes.

It’s also worth noting that, while bots don’t have withdrawal access, if they’re hacked, malevolent parties can use the bot’s API access to buy low-value coins, which are then “pumped and dumped.”

This has happened in the past, and it’s a security issue that trading bot creators and crypto exchanges must solve.

Moreover, customers have complained that the free third-party signals are of poor quality, particularly in bearish or sideways markets, because the notifications arrive too late, exposing the trading bot to unexpected recessions. As a result, customers should spend time investigating signalers and considering paying for more reliable premium signal services.

With the market beginning to heat up, newbie traders may use the CryptoHopper platform as an easy way to familiarize themselves with the markets and learn how to trade cryptos before a fresh bull run occurs.

The system is well-positioned to serve novice and seasoned traders, and it has a variety of features that all of its users may take advantage of. We urge that you check them out because they are beautifully designed, simple to use, and have a great reputation.

cryptohopper logo
4.7/5
Easy to configure and set up
Educational tools
Many features
OPEN FREE ACCOUNT *Risk is involved with all trading actions